Go to deals
TMT

iomart Group refinances its debt

iomart Group plc has completed a debt refinancing. The Group has a clear strategic vision and the enlarged debt facility is a key contributor to its future growth.

iomart Group plc is a cloud computing and IT managed services business providing hybrid cloud infrastructure, network connectivity, security, and digital workplace capability. Its products enable customers to connect, secure and scale anywhere, anytime, with a 400-strong team that can design and deploy the right cloud solution for its customers.

The debt advisory team at Oaklins Cavendish, based in the UK, successfully completed the refinancing of iomart. Whilst larger than the previous facility, the new revolving credit facility provides the group with materially enhanced operational flexibility and – given the introduction of four new lenders – significant firepower to provide further lending commitments.

Service
Funding, debt advisory & ECM
Parties

Talk to the deal team

 Alistair  Hay

Alistair Hay

Partner
London, United Kingdom
Oaklins Cavendish

Related deals

Confirma Software has acquired Quick Systems
Private Equity | TMT

Confirma Software has acquired Quick Systems

Quick Systems AS has become part of Confirma Software, backed by Abry Partners.

Learn more
PSG Equity has made a strategic growth investment in Rodeo Software
Private Equity | TMT

PSG Equity has made a strategic growth investment in Rodeo Software

PSG Equity has made a strategic growth investment in Rodeo Software B.V., the leading project management SaaS platform, to accelerate its growth through increased GTM investment and geographical expansion.

Learn more
Majority stake in ESC has been acquired by Capital A Partners
Private Equity | TMT

Majority stake in ESC has been acquired by Capital A Partners

The Smet family has sold a majority stake in ESC to private equity firm Capital A Partners.

Learn more